Boston, MA (January 31, 2005) � DALBAR, Inc. announced today that Diversified Investment Advisors was awarded the DALBAR Seal of Excellence for its Defined Contribution Statement. The Seal is awarded to outstanding statements that effectively and efficiently meet the needs of investors. Before awarding the Seal, DALBAR conducts a series of tests on the statement to establish that it meets the principal objectives of its audience.
The results of these tests indicate that the Diversified�s Defined Contribution Statement successfully meets the requirements of investors and is outstanding in:
Answering the participant�s primary questions concerning the account value and the allocation of the assets by providing a clear, bold account value, as well as a distinctive, colorful pie chart that displays the breakdown of the allocation.
Inviting readership through the statement�s design and layout by using attractive, readable font; white space to avoid overcrowding; lines, borders, and color to distinguish sections of the statement; and using consistently designed section titles to allow for easy navigation through the statement.
Providing sample investment mixes (short-term, long-term, etc.) to help the participants evaluate their own investment strategy based on their time horizon.
�After independent market research and an extensive review of best practices in the retirement plan marketplace, as well as feedback from our plan sponsors, participants and business partners, we are extremely pleased that our newly designed statement has achieved this honor,� said Laurie Fleischman, a Vice President of Marketing at Diversified.
The award of the DALBAR Seal gives Diversified the right to display the image of the Seal on its Defined Contribution Statement or make reference to it for twelve months. Diversified paid Dalbar a nonrefundable fee for conducting the tests that determined the qualification for the Seal.
DALBAR, Inc., the nation�s leading financial-services market research firm, continues its nearly three-decade commitment to raising the standards of excellence in the industry. With offices in the US and Canada, DALBAR develops standards for, and provides research, ratings, and rankings of intangible factors that influence the overall customer-service experience in the mutual fund, broker/dealer, managed account, retirement plan, life insurance and property and casualty insurance industries. Such factors include print communications, Internet, interactive voice response, call center, and financial-professional touch points. www.dalbar.com
Diversified Investment Advisors is a national investment advisory firm specializing in retirement plans. The company�s expertise covers the entire spectrum of defined benefit and defined contribution plans, including: 401(k); 401(a), 403(b); 457; non-qualified deferred compensation; profit sharing; money purchase; cash balance and Taft-Hartley plans; and rollover and Roth IRA.
Diversified services over $58 billion in retirement plan assets, helping more than 1.2 million participants save and invest wisely for retirement. Headquartered in Purchase, NY, the company�s regional offices are located in Arkansas, California, Georgia, Illinois, Iowa, Louisiana, Maryland, Massachusetts, Michigan, New York, North Carolina, Ohio, Oregon, Pennsylvania, Texas and Wisconsin. www.divinvest.com.